welman@erols.com

Contact Information

Ordering Information

Catalog

Home
Wholesale sterling | Catalog | Ordering information | Contact |

The Welman Group, LLC Sterling Silver Jewelry
P.O. Box 30199 · Bethesda, MD 20824-0199
1-888-333-0870 · (301) 907-7916 · Fax: (301) 656-1889

www.wholesalesterling.com · E-mail: welman@erols.com
$/oz

Divided by $4.75 (what our catalogue is based on)

Percentage
   Higher

$14.00
$7.00
$7.50
$8.00
$8.50
$9.50
$9.00
$10.00

2.95

1.47

1.58

1.68

1.79

1.89

2.00

2.11

295%

$10.50
$11.00
2.21

2.32

2.42

2.53

$11.50
$12.00
$12.50

2.63

$13.00
$13.50

2.74

2.84

47%
58%
68%
79%
89%
100%
111%
121%
132%
142%
153%
163%
274%
284%

November, 21 2009

As most of you already know, the prices in our six main silver catalogs (12, 13, 14, 15, 16, and 17), are based on $4.75 per ounce raw silver. This was the approximate price of silver (with slight fluctuations) from 1983 - 2003. In 2004, the prices of all precious metals (including silver) began to rise. If you are interested in this history, please poke around the Kitco website ( www.kitco.com ). They have some really great information. Our current surcharge is now 80%.
To get a good idea of how the surcharge on our silver jewelry correlates to the price of raw silver bullion, it is helpful to look at the following chart. Obviously, there are other factors involved in the cost of silver jewelry, but it is clear that we and our manufacturers are absorbing a significant portion of the over all excess cost. As always, we appreciate your business and look forward to serving you in the future.

The Welman Group